Breaking: Bitnomial Sues US SEC Over XRP Futures, Cites CFTC As Primary Regulator

Bitnomial, a cryptocurrency derivatives exchange, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) over the regulatory authority concerning XRP futures contracts. The lawsuit disputes the SEC’s claim that XRP futures are “security futures,” which would place them under the agency’s jurisdiction. This legal action follows Ripple’s own ongoing battle with the The post Breaking: Bitnomial Sues US SEC Over XRP Futures, Cites CFTC As Primary Regulator appeared first on CoinGape .

Source: CoinGape